Merck pill, Amazon remote work


WASHINGTON (AP) – Drugmaker Merck has asked U.S. regulators to clear its promising antiviral pill against COVID-19, paving the way for a decision in a matter of weeks. If cleared by the Food and Drug Administration, it would be the first pill to treat COVID-19, adding a new, easy-to-use weapon to the global arsenal against the pandemic. The FDA will review the company’s data on the safety and effectiveness of the drug before making a decision. All COVID-19 drugs now approved by the FDA require an intravenous or injection.


Amazon will allow its employees to work remotely indefinitely

Amazon says it will allow many technicians and corporate employees to continue working remotely indefinitely for as long as they can to get to the office if needed. The new policy was announced in a blog post. This changes from previous Amazon expectations that most employees should be in the office at least three days a week after offices reopen following the COVID-19 pandemic in January. Most of Amazon’s over 1 million employees worldwide cannot work remotely as they are part of the fulfillment and transportation division of the company. Approximately 50,000 technical and office employees in Seattle work on the company’s headquarters campus. Their absence will harm neighboring businesses.


Southwest Airlines flight cancellations continue through Monday

DALLAS (AP) – Southwest Airlines canceled hundreds of additional flights on Monday after a weekend of major service disruptions. By mid-morning Monday, Southwest had canceled about 360 flights and more than 600 more were delayed. The Dallas-based airline blamed air traffic control issues and bad weather on weekend “operational challenges” that resulted in 1,900 flights being canceled on Saturday and Sunday. The Federal Aviation Administration has taken the unusual step of pushing back Southwest’s explanation. Southwest Airlines was the only airline to report such a high percentage of canceled and delayed flights over the weekend.


3 US economists win Nobel Prize for research on wages and jobs

STOCKHOLM (AP) – US-based economist won the Nobel Prize in Economics for pioneering research that showed that raising the minimum wage didn’t lead to fewer hires and immigrants didn’t pay less native-born workers, a commonly accepted challenge ideas. Two others in the United States shared the award on Monday for creating a way to study these types of social issues. The winners are David Card from the University of California at Berkeley; Joshua Angrist of the Massachusetts Institute of Technology; and Guido Imbens of Stanford University. The Royal Swedish Academy of Sciences said the three had “completely reshaped empirical work in economics”.


Facebook unveils new controls for kids using its platforms

NEW YORK (AP) – Facebook, following damning testimonials that its platforms harm children, will introduce several features, including making teens using its Instagram photo-sharing app take a break and push them if they are watching. several times the same content which is not conducive to their well-being. Facebook, based in Menlo Park, Calif., Also plans to introduce new controls for parents or guardians of teens on a voluntary basis so adults can monitor what their teens are doing online. It comes after Facebook announced late last month that it was suspending work on its Instagram for Kids project. But critics say they’re skeptical about the effectiveness of the new features, and the plans lack details.


Israel moves closer to commercial drones with latest tests

Dozens of drones flew over Tel Aviv in an experiment that officials say could pave the way for the use of commercial drones across Israel. Israel’s National Drone Initiative, a government program, believes that delivering goods via aerial drones will relieve heavily congested urban roads. Monday’s demonstration is part of a two-year program to apply the capabilities of Israeli drone companies to establish a network where customers can order goods and have them delivered to pickup points. The initiative faces many challenges, including ensuring that drones can handle flights in turbulent weather conditions and that individuals’ privacy is not violated.


Thai PM plans to drop required virus quarantines

BANGKOK (AP) – Thailand’s prime minister said the country plans to no longer require international visitors from at least 10 low-risk countries to self-quarantine from next month if they are fully vaccinated against COVID -19. Prime Minister Prayuth Chan-ocha said in a televised speech on Monday that the first group would include arrivals from the UK, Singapore, Germany, China and the United States. The list would be expanded on December 1, then expanded again on January 1. All visitors will still need to present negative RT-PCR test results before embarking for Thailand and will need another test upon arrival. Thailand’s economy has been badly hit by the losses suffered by its huge tourism industry after most foreign visitors were banned in April last year.


Scientists call for rapid switch to renewables in Middle East

NICOSIA, Cyprus (AP) – A climate change conference will emphasize to policymakers in the Middle East and Eastern Mediterranean that the switch from fossil fuels to renewable energy sources is urgently needed as gas emissions are urgently needed. greenhouse effect contribute to increasing regional temperatures faster than in many other inhabited regions of the world. A scientist from the Cypriot Institute’s Climate and Atmospheric Research Center said on Monday that while this “cannot happen overnight”, governments must make the change over the next two decades to avoid potential “irreversible effects” such as desertification. An international climate change conference this week brings together 65 leading scientists, diplomats and policymakers from Egypt, Israel, Jordan, Iraq and Greece to present the results of a two-year study.


Toymaker Hasbro CEO Brian Goldner to take medical leave

NEW YORK (AP) – Toy and entertainment company Hasbro Inc. has announced that Brian D. Goldner is taking medical leave from his role as CEO, effective now. The move, announced Sunday, follows Goldner’s revelation in August 2020 that he has been on continuous medical treatment for cancer since 2014. Goldner has served as CEO of Hasbro, Inc. since 2008, and has served as its chairman since May 2015. The person in charge The independent director of the board of directors of Hasbro, Rich Stoddart, has been appointed interim CEO. Hasbro is headquartered in Pawtucket, Rhode Island.


The S&P 500 lost 30.15 points, or 0.7%, to 4,361.19. The Dow Jones Industrial Average lost 250.19 points, or 0.7%, to 34,496.06. The Nasdaq lost 93.34 points, or 0.6%, to 14,486.20. The Russell 2000 Small Business Index fell 12.45 points, or 0.6%, to 2,220.64.

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